Stuart has been with Masthaven since 2012 and said it has been a pleasure to get the opportunity to help build the business, with its most recent achievement being obtaining its banking licence.
“I am immensely pleased for Andrew, Jon and the management, and for all of the great people at Masthaven, who can look forward to what I am certain will be huge success through this new chapter in the life of the business.”
Jon Hall, Managing Director of Masthaven Bank, paid tribute to Stuart’s service, adding: “I would like to thank Stuart for all of his hard work launching Masthaven Secured Loans and then building the business to become a respected lender in the second charge market.
“Stuart has also been a key part of the team who has taken Masthaven to its bank authorisation.”
Stuart will be replaced by Al Southall who begins his role in May.
Al has previously held senior positions at JP Morgan, HSBC and Aldermore Bank and has been involved with starting up three banks.
‘‘I very much look forward to building on the successes that Stuart has been part of,” Al said.
“I am extremely excited to have joined at such an important time for Masthaven Bank.”
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